Wells Fargo Joins Hudson Yards

By Alex Lopez, Associate Editor

Wells Fargo is heading to Hudson Yards! 30 Hudson Yards to be specific. Related Companies and Oxford Properties Group announced the banking giant was purchasing approximately 500,000 square feet of office space to Manhattan’s West Side. Wells Fargo Securities plans to move its NYC employees into nine floors in the flagship tower by 2020. Wells Fargo Securities is the third commercial office tenant to plan a move to 30 Hudson Yards and joining the financial firm are Time Warner and KKR.

The LEED Gold 90-story tower will stand 1,296 feet tall and offer state-of-the-art commercial office space the company’s employees and clients. Its space will feature two trading floors, more than 75,000 square feet each, which will be among the largest and most advanced in the city. Wells Fargo Securities will also occupy seven upper office floors, with river-to-river panoramic views

Tim Sloan, Wells Fargo’s president and COO, said, “We are excited to be moving Wells Fargo Securities’ New York headquarters to 30 Hudson Yards. Our move into this vibrant new development reinforces our continued commitment to our investment banking and securities business and to New York City. 30 Hudson Yards is part of a lively neighborhood in New York City that will be a great fit for our clients and team members.”

Stephen M. Ross, Related Companies Chairman, said, “Wells Fargo’s commitment to purchase half a million square feet not only signifies the completion of tenancy for 30 Hudson Yards, but further solidifies Manhattan’s West Side as the ideal choice for businesses that want a 21st century, best-in-class, mixed-use neighborhood environment for their employees. Wells Fargo has an outstanding reputation for providing world-class service and an unwavering commitment to their clients. By establishing their New York headquarters in the new and vibrant Hudson Yards neighborhood, Wells Fargo Securities further demonstrates their culture of leadership within the financial sector.”

The building has direct access to premier retail shops, restaurants, and the city’s highest outdoor observation deck featuring a top floor restaurant and event space. A triple-height ground floor lobby offers entrances off of Tenth Avenue and Hudson Boulevard, and a direct connection to the new No. 7 subway extension.